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The End Of Affluence

Part 1 of Paper
....ted in their minds. These ideas soon turned into reality, and the United States dominated the global economy up until the post World War II years. In this paper, from the Book by Jeffery Madrick, we will discuss how America has gone from domination of the economic market , to just barely hanging on, and the many roa....

Part 2 of Paper
....o the high tariffs placed on imports, giving America a trade surplus. This increase in trade not only brought about wealth and economic growth, but also revolutionized inventions. One of the largest examples, is the introduction of the railroad, and the tremendous effect it had on the trade of goods. This revolutionary invention enabled the transportation of goods to become quicker, and opened new markets. The ability to transport goods quickly also returned a quicker profit enabling the se....

Number of words: 3914 - Approximate pages: 15

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